How to Become a Bank Manager? Check Eligibility, Exams, Salary & Career Growth

How to become a Bank Manager? Becoming a Bank Manager requires a specific skill set and education. Candidates joining as POs/Clerks can become a Bank Manager based on their performance and internal departmental exams. Read this article on how to become a Bank Manager including eligibility, exams, salary, and career growth.

How to Become a Bank Manager?

Are you aiming to become a bank Manager? If yes, this article will be helpful for you to pursue your career path. Becoming a bank manager requires specific skill sets and qualification. Besides, candidates must be determined with their goals by preparing well. Those joining as PO/Clerk can become bank manager with experience and performance. Firstly, candidates need to appear and clear the various bank entrance exams such as IBPS PO, IBPS Clerk, SBI PO, SBI Clerk, RBI Assistant, IBPS SO, RBI Grade B, etc. After serving for certain period, they become eligible for internal promotional exams. Those clearing these exams are selected as Bank Mangers. Read below for more details on how to become bank manager. 

Eligibility to Become Bank Managers

The eligibility to become bank Managers is that candidates must have completed certain period of service in the bank. They must also have the required experience. However, to apply for various bank exams, candidates need to fulfill certain eligibility. The basic educational qualification is Graduation. The minimum age of candidates should be between 20 years. The maximum age vary as per the posts. 

How to Become Bank Manager? Check Exams to Appear

To join Public Sector Banks or Regional Rural Banks, candidates need to appear for various bank job exams. The exams where candidates can apply are listed below. 

• SBI PO
• SBI Clerk
• IBPS PO
• IBPS Clerk 
• IBPS RRB
• RBI Grade B
• RBI Assistant

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What is the Role of Bank PO?

Role of IBPS in Bank Recruitment

What is the Role of Bank Manager?

The role of a bank manager is given below:

• Bank Managers are responsible for various tasks of credit unions, bank branches or similar financial institutions
• They oversee operational functions and find out solutions to the operational issues
• Bank managers plan and lead the collection of accounting and financial information and prepare reports, budgets and statutory returns
• Bank managers monitor sales targets
• They promote and market the institution and its products and also ensures a high level of customer service
• Bank Managers present budget proposals to governing bodies, plan the most effective use of resources and financing of capital expenditure and perform interpretation of business performance and funding

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Process to Become a Bank Manager

Financial Services are the backbone of any nation. These days, the demand for bank jobs has increased. Career in banking can be made in both private and public sectors. However, the craze of youth getting a job in the government bank has increased. The process to become a bank manager is given below:

• The first and foremost requirement to become a bank manager is that candidates need to complete graduation. Candidates from any stream can become a bank manager
• Candidates need to qualify the competitive exam of Bank PO that is conducted by Institute of Banking Personnel Selection (IBPS) or State Bank of India (SBI).
• After qualifying the exam, candidates get appointed as a Probationary Officer (PO)
• As a PO, they are trained to gain some experience working in the public sector bank
• To be promoted as a bank manager, candidates have to either perform exceptionally or clear the internal promotional exams
• However, as the time passes and the experience grows, there are chances to get promoted
• Banking sector also includes various promotional opportunities and candidates can even reach the levels of Chairman and MDs
• Public Sector Banks in India offer good career opportunities to candidates

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Skills Required to Become a Bank Manager

Following are the skills required to become a bank manager in the public sector banks in India.

Salary of Bank Managers in India

Bank Manager earns an average monthly salary of INR 60,000-80,000. A bank Manager can earn up to the highest salary of INR 18.73 LPA. Besides, they are entitled to various perks and allowances. Given below is the salary of Bank Managers.